Risk Assessment & Risk Management for Oil & Gas Projects

Code

254

Start Date

2025-07-06

End Date

2025-07-10

City

Sharm El Sheikh

Price

3450 $

Language

Participants

1-15

Hotel

Hotel Meeting Room

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Why Choose this Course?

Because of increased pressure to deliver projects on time, within budget and with the agreed components, the need to identify, manage and control the project-based risks becomes central to success. Project Managers need to use tried and accepted techniques for managing identified risks and have access to practical strategies for dealing with issues as they emerge.

Using a mixture of presentations, discussions and practical exercises related to the Oil and Gas industry, this course addresses these issues in a concise and pragmatic manner.

What are the Goals?

By the end of this course, participants will be able to:

Use practical steps and processes to manage project risk
Identify threats & opportunities & weigh their relative value in a project
Control multiple risks using limited strategies
Overcome psychological barriers to risk in stakeholders & team members
Evaluate risk assessment & risk management during the project closure phase of the project.

Who is this Course for?

This course is suitable to a wide range of professionals but will greatly benefit:

Project Management Team members
Operations Managers
Project Managers
Oil and Gas Enterprise Architects

How will this be Presented?

This course will utilize a variety of proven adult learning techniques to ensure maximum understanding. The course will be highly interactive. Following an introductory session, short input sessions will be provided followed by delegates being given the opportunity to put into practice the lessons learned in the preceding topic.

Illustrations of risk management from the real world will be provided and delegates will be encouraged to contribute examples and illustrations from their own experiences.

The Course Content

Day One

Getting Started

Pro’s and con’s of risk management
Practical experience with risk assessment & risk management in various industries
Risk Management throughout a project life cycle
Methods to increase company-wide awareness, understanding & senior level support
Risk Management at various levels of an organization
Business Risks vs Technical Risks vs Implementation Risks

Day Two

The Risk Management Process Wheel & Identifying risk

Proactive Risk Management Process
The risk management process wheel
The risk register
Risk Management Planning
Risk Identification
Risk Identification tools & Techniques

Day Three

Risk Analysis

Qualitative Risk Analysis
Quantitative Risk Analysis

Day Four

Risk Responses & Managing Risks

Risk Response planning
Building a Risk Management Plan
Calculating risk management budget
Monitoring & Reviewing
Opportunity Assessment
Project Execution Risk Assessment

Day Five

Reporting Risk Management Outcome

Creating an Oil & Gas Risk Questionnaire
Risk evaluation
Risk evaluation report
Course evaluation

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European Quality for Training and Consultancy is certified

ISO 9001-2015

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Oil and Gas Training Courses

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Risk Assessment & Risk Management for Oil & Gas Projects

Why Choose this Course?

What are the Goals?

Who is this Course for?

How will this be Presented?

The Course Content

Day One

Day Two

Day Three

Day Four

Day Five

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